Fed still needs to tread carefully on raising rates after solid data

The U.S. job market didn’t blink at the turmoil that engulfed global financial markets earlier this year. But that may not stop the Federal Reserve from feeling gun-shy.

The economy added 242,000 jobs in February, the Labor Department reported on Friday, with revisions to prior months tacking an additional 30,000 jobs to the count. The unemployment rate held steady at 4.9%, but for the good reason that more people went on the hunt...

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